SH's Intraday Strategy - ELH5

[Tradewithhunter]

Hi Friends,

Many fellow traders have asked me to share an intraday strategy which can generate some consistent returns.

Though I do not trade intraday, however I would like to share a strategy which I call ELH5. This is a momentum based strategy and I have seen it working pretty effectively. As usual, like my other strategies, its a simple strategy which requires no complex indicators.

Please note : At this stage, this is just a strategy and not a system. This is an attempt to develop it as a system hence all feedback is welcome.

I will explain the basics of this strategy in my next post. As a teaser, I am posting the charts based on which this strategy works. This is a Nifty Futures 5 minutes charts for last 3 days with 2 EMAs plotted. I would like to know if anyone can spot some recurring patterns on this chart which can be exploited for trading... Cmon guys .. get your thinking cap on and post what you see on charts!

Cheers
SH

 

[pundit]

Welcome SH ji............


Hope your interday strategy will also be a success like other two stategies.

Will be eargly waiting for this stategy to be revealed

 

[Tradewithhunter]

Sorry guys - I think there is a 100 KB limit to all attachments that I can upload on Traderji .. and I have already uploaded 90KB in the past on my previous threads... so cant upload any more images. :annoyed:

Not sure how I will be able to explain without charts.....

 

[JackPotter]

Sorry guys - I think there is a 100 KB limit to all attachments that I can upload on Traderji .. and I have already uploaded 90KB in the past on my previous threads... so cant upload any more images. :annoyed:

Not sure how I will be able to explain without charts.....

IMHO 100 KB limit for the attachments is not sufficient. As people share so many charts in their tutorials. Deleting those charts to upload new may render the tutorials useless. Atleast it should be increased for the senior members.

You may upload it here and share the link with us.

 

[amitava82]

WoW great!! Please upload all the images to http://imgur.com and link here.

 

[twist]

Thanks SH. waiting for your strategy, u can use imageshack.us to upload charts and share here

 

[jayan12]

Welcome SH ji............


Hope your interday strategy will also be a success like other two stategies.

Will be eargly waiting for this stategy to be revealed

What are other two strategies? pundit

I know only about SH's 315 strategy. Pls post the link for the other one.

Thanks.

 

[VJAY]

What are other two strategies? pundit

I know only about SH's 315 strategy. Pls post the link for the other one.

Thanks.

http://www.traderji.com/technical-analysis/36825-shs-market-correction-prediction-strategy-11.html

 

[absolute.zero]

Thanks a lot.
Hope for great strategy again.

- Anil

 

[absolute.zero]

Thanks a lot.
Hope for great strategy again.

- Anil

Dear SH

However, you are the one who made me a swing trader. Earlier I was an intraday one. Reading of your SH315 thread transformed me fully and made my life hassle free.

Thanks a lot, Brother !

- Anil